SURGENOR TIMOTHY R 4
4 · Cyberkinetics Neurotechnology Systems, Inc. · Filed Apr 11, 2005
Insider Transaction Report
Form 4
SURGENOR TIMOTHY R
DirectorPresident and CEO
Transactions
- Purchase
Common Stock
2004-11-04$3.00/sh+11,111$33,333→ 40,000 total(indirect: By Trust) - Award
Stock Option
2005-03-30+100,000→ 100,000 totalExercise: $2.25Exp: 2015-03-29→ Common Stock (100,000 underlying) - Award
Common Stock
2005-03-30$2.25/sh+11,111$25,000→ 11,611 total
Footnotes (3)
- [F1]Stock awarded pursuant to Second Amended and Restated 2002 Equity Incentive Plan as part of 2004 year end bonus.
- [F2]Includes 40,000 shares held by the Madeline L. Gregory and Caleb Loring III, Trustees trust. Mr. Surgenor's children are the primary beneficiaries of this trust and Mr. Surgenor and his wife retain pecuniary interest in the trust. This transaction was previously reported on a Form 4 dated 11/8/04.
- [F3]The options vest 6.25% per quarter over 4 years beginning on June 30, 2005.